Latitude Residences in Tauranga has nearly sold out even though it is not due for completion until July 2019.
Duarne Lankshear, director of Veros Property Services, the company undertaking the development management of the project, says it is the prime location that has made Latitude Residences so popular.
“It’s in a residential precinct close to the city. You are still in the city but get a residential feel,” he says.
“Access to Tauranga and beyond is superb, with convenient links to Cameron Road, Chapel Street, Takitimu Drive, the Tauranga Bridge and State Highway 2. Tauranga Airport is less than 10 minutes away. With such great proximity to the CBD, the waterfront, walking tracks and access roads, there can be little doubt this is one of the best sites in Tauranga.”
Combined with elevated views across Tauranga Harbour to Mt Maunganui and Robbins Park just across the road, Tauranga Domain – which features a running track, tennis courts and soccer fields – and the Mission House at the Elms just down the road, people have all the amenities they need close at hand, he says.
The Strand, Tauranga’s waterfront park and the amenities of the CBD are a short stroll down the hill and the beaches of Mt Maunganui and Papamoa are within an easy 10 minute drive.
The six-level luxury apartment development offers 28 luxury freehold apartments, a range of one, two and three bedroom apartments, some with studies.
There are three large penthouse apartments and one level of basement parking plus a ground level car park for residents. Each apartment features designer kitchens and bathrooms.
The project has been designed by Ignite Architects with interiors by Urban Lounge Interiors. Duarne says that the project, being completed for client Latitude Apartments Limited, has been smooth sailing once construction began.
It was the consenting process that proved the most challenging, as the project is located in an area that the district plan only allows building four storeys in height.
“We had to go through a robust process with council, who were very supportive of the project, to demonstrate how this building would be a great outcome for this site. We offset the height by reducing the building footprint which not only delivers a better outcome for purchasers in terms of views but also protects light and amenity to adjacent sites,” he explains.
The contemporary design features a mix of precast panel, Europanel, steel and glazing. Duarne sees the project as indicative of the new higher density residential phase Tauranga is moving into as the region grows.
Latitude Residences has a prime location in Tauranga with proximity to the CBD, the waterfront, walking tracks and access roads.
He says the project demonstrates how successful outcomes are the result of expertise, a focus on quality and the right development partners. Latitude Residences has attracted a good cross section of purchasers including out of town retirees and locals, young and old.
Veros brings experience across all sectors of the property industry and has successfully delivered over $700 million worth of commercial and residential property developments.
Based in Tauranga, Hamilton and Rotorua Veros works across New Zealand with clients to shape and realise their property ideas from concept to completion.
Services include property advisory, development management, project management and asset management Duarne says that Veros presently has a number of commercial and residential projects underway in the Bay of Plenty and Waikato.
“Our aim is to continue to grow alongside our clients, creating value for them in every project we undertake.”
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The six-level luxury apartment development will offer 28 freehold apartments.
